The tunnel but this is going to be a very painful two weeks. Uk Bank Stocks Fall after lenders ditch their dividends. Joining the european counterparts on calling lenders to hold on to cash sinking deeper into contraction while the italian pmi drops to the lowest in a decade i expect to see some very bad numbers coming out of the economy in the First Quarter, Second Quarter and what it looks like coming out will depend how the virus proceeds lets do a little bingo calling here this is your eurozone pmi bingo numbers. Final manufacturing pmi for march 44. 5 that is the lowest since july 2012 the final manufacturing output number, pmi at 38. 5. The lowest since april 2009. Worst than the flash estimate. Rounding it out with a look at the final new orders the constituent 38. 5 the lowest since march 2009. Clear indication of significant decline in eurozone factory activity u. S. Futures turned sharply lower after President Trump warned that the next two weeks will be painful as many as 24
U. S. President donald trump delivers a speech heavy on pomp and pageantry while light on political messaging. Together, we are part of one of the greatest stories ever told. The story of america. Nejra good morning and welcome to bloomberg daybreak europe. 6 00 in london and we are waiting for the u. S. Jobs report. Ahead of that, weve seen the 10 year yield it. To bond markets open after the celebrations. We got to 194 and our study at 1. 95. Futures come up. 1 on u. S. Equity futures. Week, we hit records on the s p 500, nasdaq, and dow. The dollar has been treading water the past few days. Euro, it is continuing the uptrend since the beginning of june and all the action has been in the european bond markets. The tenure bund yield dropping briefly below the ecbs deposit rate beyond 40. The action in btps has surprised the market in terms of the powerful rally. Weve also seen greeces 10year hit record lows. Gold, there we are above 1400 an ounce. That is a point of discussion and pay
Cohort of people is now being contacted, with the Prime Minister still determined to see the first plane departing later this spring. Will the Prime Minister was also announcing plans today to create 20,000 new apprenticeships on his visit to the west midlands. He pledged £60 million worth of new investment to cover fully funded training for young people and a reduction in red tape for Small Businesses who take them. Mr sunak says the full cost of apprenticeships will be offered to applicants aged under 21 at small firms from the 1st of april. Tata steel says its begun shutting down operations at its site in port talbot from wednesday. Thats due to stability concerns, the steel group said. Its been forced to make the closures earlier than previously planned because the equipment can no longer run safely. Coke ovens are used to turn coal into coke, a key raw material used in the process of making steel. Tata has about 40 remaining coke ovens operational , many of them having already be
The top stories this hour from the gb newsroom. Im Polly Middlehurst. Mps have been middlehurst. Mps have been voting this evening on ten changes to the rwanda bill. Amendments suggested by peers in the house of lords. The first four amendments have already been rejected. They were designed to ensure the bill complies with domestic and international law. The international law. The controversial legislation aims to deter Illegal Migrants from coming to the uk on small boats by deporting them to rwanda, downing street says the initial cohort of people is now being contacted, with the Prime Minister still determined to see the first plane departing later this spring. Will the Prime Minister was also announcing plans today to create 20,000 new apprenticeships on his visit to the west midlands. He pledged £60 million worth of new investment to cover fully funded training for young people and a reduction in red tape for Small Businesses who take them. Mr sunak says the full cost of apprenti
Stability concerns, the steel group said it had been forced to make the closures earlier than previously planned because the equipment can no longer run safely. Coke ovens are used to turn coal into coke, a key raw material used in the process of making steel. The former making steel. The former environment minister Zac Goldsmith , has been banned from goldsmith, has been banned from driving for a year. Its after he was caught breaking the speed limit seven separate times. Driving in london between april and november last year, the conservative peer was also caught speeding on two motorways, most recently in december in his hybrid electric car. December in his hybrid electric can he december in his hybrid electric car. He pleaded guilty to all the offences and was fined 5500 pounds and ordered to pay a surcharge of 2000 plus costs. Surcharge of 2000 plus costs. The governments been warned that the sales of heat pumps will need to increase dramatically to achieve Climate Change targets.